Why Brandywine Realty Trust Stock Surged 9% Higher Today
Known for its high-yield dividend, Brandywine Realty Trust (NYSE: BDN) attracted bullish investors on Wednesday for a different reason. It posted encouraging quarterly results, which sent its share price rocketing more than 9% higher on the day. That was more than good enough to top the S 500 index's essentially flat trajectory.
Brandywine, a real estate investment trust (REIT) that focuses on top urban markets in the U.S., reported its second-quarter figures after market close on Tuesday.
For the period, Brandywine's total revenue was just under $126 million, up from the $124 million in the same quarter a year ago. The company's attributable generally accepted accounting principles (GAAP) net loss was $12.9 million, or $0.08 per share, against the Q2 2022 profit of $4.5 million.
Source Fool.com
Brandywine Realty Trust Aktie
Aktuell gibt es mit 0 Sell-Einschätzungen und 2 Buy-Einschätzungen noch kein wirkliches Sentiment für die Brandywine Realty Trust Aktie.
Ein Kursziel von 5 € für Brandywine Realty Trust zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 4.55 €.
